SJS Investment Consulting Inc. Has $801,000 Stake in The Charles Schwab Co. (NYSE:SCHW)

SJS Investment Consulting Inc. increased its stake in shares of The Charles Schwab Co. (NYSE:SCHW) by 5.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 10,827 shares of the financial services provider’s stock after purchasing an additional 552 shares during the quarter. SJS Investment Consulting Inc.’s holdings in Charles Schwab were worth $801,000 as of its most recent filing with the SEC.

Several other large investors have also recently added to or reduced their stakes in the stock. Capital Performance Advisors LLP purchased a new stake in shares of Charles Schwab during the third quarter worth $25,000. Washington Trust Advisors Inc. raised its stake in shares of Charles Schwab by 62.6% during the 3rd quarter. Washington Trust Advisors Inc. now owns 387 shares of the financial services provider’s stock worth $25,000 after purchasing an additional 149 shares in the last quarter. Prospera Private Wealth LLC acquired a new stake in shares of Charles Schwab during the 3rd quarter valued at about $31,000. Future Financial Wealth Managment LLC bought a new stake in shares of Charles Schwab in the 3rd quarter valued at approximately $32,000. Finally, Planning Capital Management Corp acquired a new position in Charles Schwab in the third quarter worth approximately $33,000. Institutional investors and hedge funds own 84.38% of the company’s stock.

Insiders Place Their Bets

In other Charles Schwab news, insider Jonathan S. Beatty sold 2,500 shares of Charles Schwab stock in a transaction on Monday, November 11th. The stock was sold at an average price of $77.02, for a total value of $192,550.00. Following the completion of the transaction, the insider now owns 18,069 shares in the company, valued at approximately $1,391,674.38. The trade was a 12.15 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Christopher V. Dodds sold 9,284 shares of the business’s stock in a transaction on Monday, November 18th. The stock was sold at an average price of $81.43, for a total value of $755,996.12. Following the completion of the transaction, the director now directly owns 442,807 shares in the company, valued at approximately $36,057,774.01. This represents a 2.05 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 41,466 shares of company stock worth $3,352,884 over the last three months. 6.60% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several analysts have commented on the stock. Truist Financial reissued a “buy” rating and issued a $90.00 target price (up from $86.00) on shares of Charles Schwab in a research report on Wednesday. Wells Fargo & Company upgraded shares of Charles Schwab from an “equal weight” rating to an “overweight” rating and upped their price objective for the stock from $89.00 to $93.00 in a report on Wednesday. Deutsche Bank Aktiengesellschaft raised their target price on Charles Schwab from $98.00 to $105.00 and gave the company a “buy” rating in a report on Wednesday. Redburn Partners decreased their price target on Charles Schwab from $70.00 to $68.00 and set a “sell” rating for the company in a research note on Friday, January 17th. Finally, Morgan Stanley raised their price objective on Charles Schwab from $74.00 to $84.00 and gave the company an “equal weight” rating in a research note on Friday, January 17th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and nine have given a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $83.83.

Charles Schwab Stock Performance

Shares of NYSE SCHW opened at $81.67 on Friday. The Charles Schwab Co. has a one year low of $61.01 and a one year high of $83.35. The company has a current ratio of 0.47, a quick ratio of 0.47 and a debt-to-equity ratio of 0.59. The business has a fifty day simple moving average of $77.81 and a 200 day simple moving average of $70.88. The firm has a market capitalization of $145.34 billion, a price-to-earnings ratio of 27.31, a PEG ratio of 1.46 and a beta of 0.99.

Charles Schwab (NYSE:SCHW) last posted its earnings results on Tuesday, January 21st. The financial services provider reported $1.01 earnings per share for the quarter, beating analysts’ consensus estimates of $0.90 by $0.11. Charles Schwab had a net margin of 30.31% and a return on equity of 18.20%. The business had revenue of $5.33 billion for the quarter, compared to analysts’ expectations of $5,190,822.51 billion. During the same quarter in the previous year, the firm posted $0.68 earnings per share. The firm’s revenue for the quarter was up 19.5% on a year-over-year basis. Sell-side analysts expect that The Charles Schwab Co. will post 4.09 EPS for the current year.

Charles Schwab Company Profile

The Charles Schwab Corporation, together with its subsidiaries, operates as a savings and loan holding company that provides wealth management, securities brokerage, banking, asset management, custody, and financial advisory services in the United States and internationally. The company operates in two segments, Investor Services and Advisor Services.